Time-out in Greek bailout talks, for 'about a week'

AFP
21 September 2012
Debt-laden Greece is in a race to finalise a round of cuts amounting to about 11.5 billion euros
<p>A woman walks past graffiti outside the Athens Academy on September 20. The "troika" of international creditors called time out Friday on lengthy bailout negotiations with the Greek government, deciding on a pause for about a week.</p>

The "troika" of international creditors called time out Friday on lengthy bailout negotiations with the Greek government, deciding on a pause for about a week.

"The discussions since the beginning of September have been very intense," Simon O'Connor, spokesman for EU Economic Affairs Commissioner Olli Rehn told a regular news conference.

He said negotiators were "leaving this weekend" and "returning in about a week".